Banks step up scrutiny of accounts of disqualified directors for links to shell companies
Business | Sep 26, 2017, 05:03 PM ISTBanks are assessing whether the disqualified directors have links to shell companies and diverted funds.
Banks are assessing whether the disqualified directors have links to shell companies and diverted funds.
Names of prominent political and business leaders feature on the list of disqualified directors made public by the government
UK authorities have informed India about its independent 'formal' probe against Mallya and sought details of money laundering charges against him along with an account of his assets abroad from CBI and ED
The CBI has registered a case against 19 companies which have sent over Rs 424 crore in foreign remittances through about 700 transactions, suspecting it to be a case of money laundering through shell companies.
US banking regulators said Habib Bank put through thousands of transactions, including for people on a “good guy” list that included an identified terrorist and an international arms dealer
Income Tax Department investigations in 2013 had allegedly found that Rs 16.38 crore was received by four shell companies linked to Jain
Officials said a large number of companies having acted as 'shell firms' are linked to real estate, commodities and stock broking, films and television, plantation and non-banking financial services
The ED has registered a money-laundering case under the PMLA Act against RJD chief Lalu Prasad Yadav and his family members in connection with allotment of railway hotels to a company.
The Delhi High Court today refused to quash the money laundering case against Himachal Pradesh Chief Minister Virbhadra Singh, his wife and son
A Delhi court has issued a non- bailable warrant against Kashmiri separatist leader Shabir Shah in a decade-old money laundering case.
The US Federal Reserve has imposed a penalty of $41 million on Deutsche Bank for failure to maintain controls against money laundering in its U.S. operations.
The Income Tax department today summoned former Bihar Chief Minister Lalu Prasad Yadav's daughter Misa Bharti and her husband Shailesh Kumar in a money laundering case
Kapil Mishra today approached the CBI against Delhi Chief Minister Arvind Kejriwal over his alleged involvement in money laundering.
The Enforcement Directorate on Saturday requested the government to empower the agency to independently register and pursue anti-money laundering cases even after courts quash the first FIR registered by other investigating authority.
Days after he was arrested and granted conditional bail by a court in London, it has emerged that Indian investigators are in possession of key documents that may help them in seeking early extradition of beleaguered businessman Vijay Mallya.
A special PMLA court here today issued a non-bailable warrant against controversial Islamic preacher Zakir Naik today in connection with a money laundering case.
Himachal Pradesh Chief Minister Virbhadra Singh on Thursday failed to appear before the Enforcement Directorate in connection with its probe into a money laundering case against him.
The CBI has registered a preliminary enquiry against Health Minister Satyendra Jain to inquire into allegations of money laundering against him.
Unitech MD Sanjay Chandra and two others face charges of illegally diverting funds from one project into a shell company which then parked it in foreign accounts
The CBDT believes that deregistering of these 6-7 lakh ‘dormant’ firms will bring an end to "institutional money laundering" in the country
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